Liberal media blabing about gold too.

tjc2120

NYT - gold not at all time high

roadrunner

Didn't get past the first few paragraphs when the author states that gold is not making new highs with respect to inflation or even money supply for that matter. If that's the case then the author will have to explain to me why gold went up 5.5X in the past 9 yrs and the money supply, CPI, or dollar index have changed only a small fraction of that 5.5X. Something's missing from this puzzle that the author needs to find out. If they are hinting that gold has gone nowhere for 30 yrs when using inflation adjusted values then they might as well take up the argument that gold is a barbarous relic that has a poor 50 or 100 yr performance (not paying attention to 1971-1980 or 2001-2010). In my mind the fact that gold or silver are a long ways from their 1980 equivalent dollar prices only tells me that they are still quite underpriced compared to everything else that is much higher in 1980 dollars.

roadrunner

OnlyGoldIsMoney

More drivel to keep NYT readers on the paperbug reservation.